Can I retire at age 41 with 1,760,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$145,339$144,045$142,781$141,549$140,345$136,620
2 years$71,950$70,610$69,311$68,052$66,831$63,104
3 years$47,490$46,144$44,849$43,602$42,400$38,788
4 years$35,263$33,921$32,639$31,413$30,240$26,770
5 years$27,928$26,595$25,329$24,128$22,988$19,670
6 years$23,040$21,716$20,470$19,295$18,190$15,027
7 years$19,550$18,237$17,010$15,864$14,793$11,786
8 years$16,933$15,633$14,426$13,308$12,272$9,419
9 years$14,900$13,611$12,425$11,335$10,335$7,634
10 years$13,273$11,998$10,833$9,771$8,806$6,253
11 years$11,944$10,681$9,537$8,504$7,573$5,164
12 years$10,836$9,586$8,464$7,459$6,563$4,293
13 years$9,900$8,663$7,562$6,585$5,723$3,589
14 years$9,099$7,875$6,794$5,846$5,017$3,012
15 years$8,404$7,194$6,134$5,213$4,417$2,538
16 years$7,797$6,600$5,562$4,668$3,904$2,144
17 years$7,263$6,078$5,061$4,194$3,461$1,816
18 years$6,788$5,617$4,620$3,780$3,078$1,541
19 years$6,363$5,206$4,229$3,415$2,743$1,310
20 years$5,982$4,837$3,881$3,093$2,450$1,115
21 years$5,637$4,506$3,570$2,807$2,193$951
22 years$5,324$4,206$3,290$2,552$1,966$811
23 years$5,039$3,934$3,038$2,325$1,764$693
24 years$4,777$3,686$2,810$2,120$1,586$592
25 years$4,538$3,459$2,602$1,936$1,427$506
26 years$4,316$3,251$2,414$1,770$1,285$433
27 years$4,112$3,059$2,241$1,620$1,159$371
28 years$3,923$2,883$2,084$1,485$1,046$318
29 years$3,747$2,720$1,939$1,361$944$272
30 years$3,583$2,568$1,806$1,250$853$233
31 years$3,429$2,428$1,684$1,148$771$200
32 years$3,286$2,297$1,571$1,055$698$171
33 years$3,152$2,176$1,467$970$631$147
34 years$3,026$2,062$1,370$892$572$126
35 years$2,907$1,956$1,281$821$518$108
36 years$2,795$1,856$1,199$757$469$93
37 years$2,690$1,763$1,122$697$425$80
38 years$2,590$1,676$1,051$642$386$68
39 years$2,496$1,593$984$592$350$59
40 years$2,406$1,516$923$546$317$50
41 years$2,321$1,443$865$504$288$43
42 years$2,241$1,374$811$465$261$37
43 years$2,164$1,309$761$429$237$32
44 years$2,091$1,248$715$397$215$27
45 years$2,022$1,190$671$366$195$23
46 years$1,955$1,135$630$338$177$20
47 years$1,892$1,083$592$313$161$17
48 years$1,832$1,034$557$289$146$15
49 years$1,774$988$523$267$133$13
50 years$1,718$944$492$247$121$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,760,000, adding $2,316 every year, while hoping to spend $47,806 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 53/33/14 Blend
40$1,760,000$1,760,000$1,760,000$1,760,000
41$1,941,909$1,848,629$1,821,349$2,037,483
42$2,089,118$1,888,347$1,831,499$2,142,670
43$2,249,741$1,928,408$1,840,387$2,251,757
44$2,425,094$1,968,780$1,847,919$2,369,363
45$2,616,629$2,009,425$1,854,000$2,496,309
46$2,825,942$2,050,303$1,858,525$2,633,497
47$3,054,791$2,091,371$1,861,389$2,781,925
48$3,305,111$2,132,580$1,862,477$2,942,690
49$3,579,034$2,173,878$1,861,671$3,117,002
50$3,878,906$2,215,209$1,858,848$3,306,194
51$4,207,312$2,256,512$1,853,877$3,511,735
52$4,567,097$2,297,720$1,846,621$3,735,245
53$4,961,396$2,338,763$1,836,938$3,978,509
54$5,393,659$2,379,563$1,824,676$4,243,495
55$5,867,688$2,420,038$1,809,679$4,532,372
56$6,387,671$2,460,098$1,791,781$4,847,531
57$6,958,218$2,499,647$1,770,811$5,191,606
58$7,584,409$2,538,583$1,746,586$5,567,504
59$8,271,841$2,576,796$1,718,919$5,978,428
60$9,026,676$2,614,166$1,687,609$6,427,906
61$9,855,704$2,650,567$1,652,451$6,919,832
62$10,766,404$2,685,863$1,613,227$7,458,495
63$11,767,017$2,719,910$1,569,710$8,048,626
64$12,866,619$2,752,552$1,521,661$8,695,437
65$14,075,210$2,783,623$1,468,833$9,404,676
66$15,403,808$2,812,947$1,410,965$10,182,680
67$16,864,550$2,840,335$1,347,786$11,036,433
68$18,470,808$2,865,586$1,279,011$11,973,636
69$20,237,316$2,888,485$1,204,344$13,002,775
70$22,180,307$2,908,805$1,123,474$14,133,208
71$24,317,664$2,926,303$1,036,076$15,375,250
72$26,669,093$2,940,719$941,812$16,740,273
73$29,256,305$2,951,779$840,327$18,240,809
74$32,103,222$2,959,190$731,252$19,890,677
75$35,236,203$2,962,642$614,201$21,705,108
76$38,684,288$2,961,804$488,769$23,700,892
77$42,479,479$2,956,325$354,536$25,896,537
78$46,657,035$2,945,835$211,062$28,312,445
79$51,255,808$2,929,936$57,889$30,971,105
80$56,318,608$2,908,211$0$33,897,306
81$61,892,608$2,880,215$0$37,134,145
82$68,029,785$2,845,476$0$40,706,224
83$74,787,413$2,803,495$0$44,638,166
84$82,228,606$2,753,743$0$48,966,647
85$90,422,906$2,695,658$0$53,732,091
86$99,446,944$2,628,647$0$58,979,050
87$109,385,162$2,552,081$0$64,756,623
88$120,330,610$2,465,295$0$71,118,927
89$132,385,821$2,367,582$0$78,125,603
90$145,663,780$2,258,199$0$85,842,382
91$160,288,990$2,136,356$0$94,341,709
92$176,398,649$2,001,219$0$103,703,425
93$194,143,938$1,851,906$0$114,015,524
94$213,691,455$1,687,484$0$125,374,985
95$235,224,781$1,506,969$0$137,888,689
96$258,946,215$1,309,317$0$151,674,430
97$285,078,684$1,093,427$0$166,862,029
98$313,867,842$858,138$0$183,594,560
99$345,584,396$602,221$0$202,029,704
100$380,526,652$324,378$0$222,341,242